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20 Galway Blvd - Lot 7, Parcel I-1 2.71 Acres of Commercial Land Offered at $1,553,098 USD in St. John's, NL A1H 0N5
INVESTMENT HIGHLIGHTS
- Fully serviced parcel with highway visibility.
- Positioned near Costco and other national anchors.
EXECUTIVE SUMMARY
Parcel I-1 offers a prime opportunity to establish a retail presence in one of Atlantic Canada’s most dynamic commercial corridors. Located within the Galway Retail Centres, this 3.30-acre parcel is fully serviced and zoned Commercial Regional (CR), making it ideal for a wide range of retail development formats. Positioned with visibility to major thoroughfares including Pitts Memorial Highway and the Trans-Canada Highway, the site benefits from high traffic counts and exceptional exposure.
Galway has rapidly emerged as Newfoundland and Labrador’s leading retail hub, anchored by national tenants such as Costco, Princess Auto, and Under Armour. Parcel I-1 sits within this thriving ecosystem, offering developers and retailers the chance to capitalize on strong co-tenancy and a built-in customer base of over 260,000 residents in the St. John’s metro area. The site’s flexible configuration and highway frontage make it particularly well-suited for showroom-style retail, freestanding concepts, or branded destination retail.
With infrastructure in place and a strategic location at the gateway to the province’s capital, Parcel I-1 is a compelling choice for developers seeking visibility, scalability, and long-term value in Newfoundland’s top-performing retail market.
Galway has rapidly emerged as Newfoundland and Labrador’s leading retail hub, anchored by national tenants such as Costco, Princess Auto, and Under Armour. Parcel I-1 sits within this thriving ecosystem, offering developers and retailers the chance to capitalize on strong co-tenancy and a built-in customer base of over 260,000 residents in the St. John’s metro area. The site’s flexible configuration and highway frontage make it particularly well-suited for showroom-style retail, freestanding concepts, or branded destination retail.
With infrastructure in place and a strategic location at the gateway to the province’s capital, Parcel I-1 is a compelling choice for developers seeking visibility, scalability, and long-term value in Newfoundland’s top-performing retail market.
PROPERTY FACTS
| Price | $1,553,098 USD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 2.71 AC |
| Zoning | CR | ||
| Price | $1,553,098 USD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 2.71 AC |
| Zoning | CR |
1 LOT AVAILABLE
Lot
| Price | $1,553,098 USD | Lot Size | 2.71 AC |
| Price Per AC | $573,098.73 USD |
| Price | $1,553,098 USD |
| Price Per AC | $573,098.73 USD |
| Lot Size | 2.71 AC |
Prime 2.71-acre retail parcel in Galway’s top commercial hub. Fully serviced with CR zoning and highway visibility. Ideal for showroom-style or freestanding retail near Costco and other national anchors. Asking $800,000/acre.
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20 Galway Blvd - Lot 7, Parcel I-1
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